This is a new regulation issued by the bank in 2020 to prevent money laundering. Deposits without a card must be authenticated by facial recognition! Anyway, it will be more troublesome in the future. Cardless deposits can only be deposited in your own account and cannot be deposited to others. However, it seems that not all banks currently implement it, because some banks’ ATM hardware does not support facial recognition, and the transformation will take a while, and it is not implemented in the whole country. It is only implemented in places where money laundering criminal activities are rampant, such as Yunnan and Guizhou. , Guangxi, etc. In short, in places where this regulation is implemented, if you want to deposit money into other people's accounts in the future, you will probably have to go to the counter.

AGRICULTURAL BANK OF CHINA (ABC, Agricultural Bank of China) was established in 1951. The head office is located at No. 69 Jianguomennei Street, Beijing. It is a large state-owned bank managed by the central government and a national deputy ministerial level unit. Agricultural Bank of China is an important part of China's financial system. It provides a variety of corporate banking and retail banking products and services, and also carries out financial market business and asset management business. Its business scope also covers investment banking, fund management, financial leasing, life insurance, etc. field.

Business Scope

The Agricultural Bank of China has branches all over China’s urban and rural areas, making it the large modern commercial bank with the most branches and the widest business coverage in China. The business field of Agricultural Bank of China has developed from the initial agricultural credit and settlement business to a complete range of products, combining local and foreign currencies, and capable of handling various types of international and domestic financial businesses

Foreign exchange business

Foreign exchange deposits; foreign exchange loans; foreign exchange remittances; foreign currency exchange; international settlement; acceptance and discounting of foreign exchange bills; foreign exchange borrowings; foreign exchange guarantees; foreign exchange settlement and sales; issuance and agency issuance of foreign currency securities other than stocks; trading and agency trading Foreign currency securities other than stocks; foreign exchange trading on behalf of clients; credit investigation, consultation, and witness services.

RMB business

Absorb public deposits; issue short-term, medium-term and long-term loans; handle domestic and foreign settlements; handle bill discounts; issue financial bonds; act as an agent to issue, redeem and underwrite government bonds ; Buy and sell government bonds; engage in inter-bank lending; buy and sell foreign exchange as an agency; provide letter of credit services and guarantees; agency for collection and payment and insurance agency business, etc.